by Bill Hoerter | January 27th, 2018, 10:07:12 | News, Sticky1
A review of a big week with big moves, big data and big comments 26 January 2018 The View from LaSalle Street The talk on Friday was all about President Trump’s appearance in Davos at The Forum, his comments vis-à-vis the USD, and his hints at infrastructure spending...
by Ryan Littlestone | January 26th, 2018, 15:25:05 | Sticky1, Technical Analysis
USDJPY heading towards a big level I’ve not much to add to what I wrote yesteday about the 108.50 level but we’re back here again late in the European day. That’s an ominous sign but as we’re off around 90 pips since the data, tackling that...
by Ryan Littlestone | January 25th, 2018, 12:45:08 | Central Banks, ECB, Sticky1
Details from the ECB monetary policy meeting 25 January 2018 Main refinancing rate 0.0% Deposit rate -0.40% Marginal lending rate 0.25% No changes of language in the statement. Monetary policy decisions 25 January 2018 At today’s meeting the Governing Council of the...
by Ryan Littlestone | January 24th, 2018, 12:11:11 | Sticky1, Technical Analysis
As USDJPY takes a another leg lower, we’re heading towards the bottom edge of the 2017 range If there’s one thing that 2018 has kicked off with, it’s range breaks. USDJPY is heading for one too at its current rate. The break of 110 looks to be a very...
by K-man | January 23rd, 2018, 03:14:17 | BOJ, Central Banks, Sticky1
BOJ rate decision on 23.01.2018 Leave Interest Rate on Excess Reserves unchanged at -0.10% Maintains its policy framework of QQE with Yield Control around 0.00% Leaves asset purchases unchanged at annual target of ¥80T . Affirms annual ETF purchases at ¥6.0T BoJ Will...
by Horatio Dubsly | January 22nd, 2018, 11:54:31 | Sticky1, Technical Analysis
I’ve been watching this cross with an eye to layering in some short positions. GBPNZD can be a monster to trade at times. The small intraday swings can be sharply ‘ V ‘ shaped and often leave you questioning your judgement. That’s why it...